News

U.S. Bank expanded its business banking presence nationally, adding new bankers in Florida, Georgia, Texas and Arizona who serve businesses with annual sales between $2.5 million and $50 million. In addition, U.S. Bank has hired additional business bankers in Phoenix,...

Great American (GA Group), a provider of financial advisory, valuation, asset disposition, investment banking and lending services and majority-owned by funds managed by Oaktree Capital Management, appointed Scott Hoek as vice president and head of fixtures, furniture and equipment (FF&E)....

Utica Equipment Finance closed a $1.5 million capital lease for a construction management, general contracting and site development firm based in Westchester County, NY. Secured by a broad pool of yellow iron construction equipment including excavators, dozers, wheel loaders, as...

Secured lending spent the week being rewarded for scarcity that no longer exists. On August 24, Valvoline amended its Second Amended and Restated Credit Agreement to increase availability under its revolving credit facility from $475 million to $600 million, reduce...

Abacus Finance Group served as senior secured credit facilities administrative agent and lead arranger in a senior debt financing to support River Associates’ leveraged buyout of Horsepower Automotive Group. Abacus Finance Group also made an equity co-investment in Horsepower Automotive Group....

Wingspire Capital provided $45 million in first-out secured financing to a leading provider of metal surface finishing solutions for mission-critical components. The facility, comprised of a first-out $10 million revolver and a $35 million term loan, was structured as part...

Franklin Capital Network, a provider of flexible working capital solutions to growing businesses, added Gammie Chung as vice president, head of A/R administration. Chung brings 20 years of commercial finance experience to Franklin, with extensive expertise in factoring, asset-based lending,...

The operating partnership, JBG SMITH Properties, of JBG SMITH, an owner, operator and developer of mixed-use properties in the Washington, DC market, amended and extended its revolving credit facility and tranche A-2 term loan. The recast extended the maturity of...

Womble Bond Dickinson added Joshua Becker to its corporate and securities group as a partner in the Phoenix office. Becker advises franchisors, technology companies and other businesses across the full life of a commercial enterprise, from formation and growth through...

City National Bank completed two new senior leadership appointments to its private bank and wealth management division. Darcy Roennfeldt has been appointed managing director and head of trust and estate services. Shannon Patterson Saltos has been appointed regional managing director...